Senior Financial Analyst
Saudi Aramco
Total years of experience :15 years, 1 Months
Lead cash management team for day to day cash management functions
• Supervise group of financial analysts in cash management
• Coordinate with different divisions and parties relate to treasury functions
• Issuance of 30 days cash forecast and reporting the forecast to the higher management
• Analysis in cash flow position and forecast
• Produce necessary reports relate to cash management activities
• Develop and enhance internal control
• Update multiple desk procedures that fit with our development in procedures
Supervise 5-7 accountants for the day to day accounting and treasury activities
• Approving monthly average of 600 vendors’ invoices and booking entries
• Ensure vendors’ compliance with VAT regulations
• Checking monthly payroll and coordinate with HR for any correction needed
• Annual budget preparation
• Coordinate with several departments for the annual budget finalization
• Track the management performance through measure the actual cost
• Track the budget-actual variances and coordinate with all departments for variance
justification
• Maintain and develop the budget preparation process from year to year
• Monthly closing of accruals
• Financial statements preparation
• Coordinate with external auditor as part of year end audit
• Participate in finalizing year end Zakat Return
• Checking monthly VAT return and coordinate with Tax Authorities for any assessment
• Checking monthly WHT return and coordinate with GAZT for WHT related issues
• Coordinate with GAZT for annual Zakat requirements and certificate
• Maintain and adhere to internal control activities
• Checking and processing of vendor’s services invoices within average of more than 500 entries per month
• Closing of accrual in monthly basis
• Checking the data entry of the components of the salaries as part of monthly process of the payroll
• Checking the HR record and the actual time sheet and identify what to be corrected as part of the monthly process of the payroll
• Handle of petty cash average of 70, 000 SAR - checking and settling the drivers’ business expenses claim, and the claim from the among 6 land rigs
• Checking and booking vendors’ invoices for the stocks based on the receipt note from warehouse, coordinate and communicate with vendors and warehouse team for any differences.
• Prepare of Bank reconciliation in monthly basis for 6 bank accounts
• Checking vendors’ statements of accounts, identify and solve any discrepancies
• Analysis of payables and aging in monthly basis
• Prepare of projected cash flow
• Establish new excel report for the payment plan to allocate the limited available funds to among more than 200 vendors
• Process the vendors payment against invoices and the vendors advance payment based on proper approvals
• Follow up with vendors and other departments for the status of orders that paid in advance to settle the advance based on final invoice and completion of delivery/service
• Explain and introduce the company as new economic airline co. to the clients who is visiting the sale front desk office in Al Khobar
• Process the issuing of the tickets and achieving the monthly target every month
• Explain the necessary details and brief of the company’s rules to the clients
• Teach different management subjects to diploma students average of 5 to 10 students in each class
• Handle the maximum no. of subjects in the semester (eight subjects)
• Prepare the exams and design the questions
• Introduce of the new exams questions, multiple choice questions
• Mark and provide the grading
• Supervise team of 4 staff for the physical receive of the materials
• Supervise a staff for the update the receiving of the materials in the software
• Supervise the issuance of the materials and parts to the production department
• Supervise the booking of the sales orders based on the actual sales
3.6 / 4. as WES report
Graduate Certificate in Accounting One Semester duration
2.59 /4